Good strategy combined with good strategy execution
A) offers a surefire guarantee for avoiding periods of weak financial performance.
B) are the two best signs that a company is a true industry leader.
C) are more important management functions than forming a strategic vision and setting objectives.
D) are the most trustworthy signs of good management.
E) signal that a company has a superior business model.

Question

Quizplus · Accepted Answer

Good strategy and good strategy execution are both essential for achieving success, and together they are the most reliable indicators of effective management. While having a sound strategic vision and clear objectives is important, without the ability to execute on those plans a company will struggle to achieve its goals. Similarly, even the best execution will not be effective if the underlying strategy is not well thought out. Therefore, companies that are able to combine strong strategies with effective execution are likely to be well-managed and successful over the long term.

Good Strategy Combined with Good Strategy Execution